TechnipFMC PLC (FTI)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	7,315,400	6,483,200	5,804,100	5,579,600	5,835,800
Inventory	US$ in thousands	1,193,600	1,189,800	1,039,700	1,031,900	1,349,100
Inventory turnover		6.13	5.45	5.58	5.41	4.33

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $7,315,400K ÷ $1,193,600K
= 6.13

Peer comparison

Dec 31, 2024

Company name

Symbol

Inventory turnover

TechnipFMC PLC

FTI

6.13

Halliburton Company

Schlumberger NV